The Role of Modern Technologies in the Development of Medium-Sized Businesses in Russia: Institutional and Cultural Constraints
https://doi.org/10.26794/2220-6469-2025-19-4-39-46
Abstract
The research objective of the article is to examine the institutional and technological constraints on the development of medium-sized businesses in Russia. The author introduces the concept of the “medium business trap” and analyses its relationship with digitalisation, monetary policy, and cultural context. The study analyses the factors supporting the persistence of this trap and assesses the potential for overcoming it by means of modern technologies, primarily, such as digital solutions, automation, and institutional reforms. Particular attention is paid to the cultural and historical factors, that shaped entrepreneurs’ economic behaviour, as well as to systemic constraints associated with money supply and labour productivity. Scientific significance of the article involves strategies for overcoming this trap based on institutional reforms and modern technologies, including blockchain, platform solutions, and automation.
About the Author
D. V. Gonenko
Russian Presidential Academy of National Economy and Public Administration
Russian Federation
Russian Federation
Daniil V. Gonenko — Cand. Sci. (Econ.), Associate Professor, Department of Economics and Finance of the Public Sector
Moscow
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Review
For citations:
Gonenko D.V. The Role of Modern Technologies in the Development of Medium-Sized Businesses in Russia: Institutional and Cultural Constraints. The world of new economy. 2025;19(4):39-46. (In Russ.) https://doi.org/10.26794/2220-6469-2025-19-4-39-46
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